29/10/2015
You don't need to be rich to make
Money from Property
One of the common financial fallacies that keep many South Africans from building real wealth is that property investment is an investment alternative exclusively reserved for the rich, the educated or the experienced.
“The wealthy don't invest in property because they are rich, they are rich because they have invested in property,” says Van Staden.
This is according to Gert van Staden, CEO of the P3 Investment Group, who says it is a fallacy perpetuated, perhaps, by the fact that property is the preferred asset class of the world's wealthiest, and the reality is that property investors are generally wealthy.
“The wealthy don't invest in property because they are rich, they are rich because they have invested in property,” he says.
“The truth is that you don't need to be rich, or even educated or experienced, to invest in property successfully.”
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